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Institute of Banking Personnel Selection - An Overview

Chirag Barotra updated on : 08 Jan, 2020 9

Are you affected with the economic recession?
Are you skepical about your job in the private sector?
Are your exasperated with excessive work pressure and striving for Job satisfaction?

Dispose your worries because it is time for all the employed & unemployed graduates of India to join Public Sector Banks!

Institute of Banking Personnel Selection popularly known as IBPS is an organization which renders services to its clients in the area of personnel selection, recruitment and assessment. IBPS is capable of conducting examination for a large number of candidates simultaneously at 200 cities and several venues across India.

Public sector banks have become a wise career option for the Young Indians who are striving for job satisfaction, stable remuneration and career growth. According to the Indian Bank Association (IBA), there are 21 nationalized public sector banks in India. Institute of Banking Personnel Selection (IBPS) conducts common written exams (CWE) on behalf of 19 nationalized banks of India for the post of Clerical staff, Probationary Officer, and Specialists and two for regional rural banks in the clerk and officers categories. There are other two nationalized banks, like SBI & IDBI, which do not come under IBPS Recruitment drive, as they conduct their exams independently for the selection of PO and Clerk.

Public Sector Banks (PSB) are growing tremendously and are emerging with whopping recruitment projects. Every year they are recruiting approximately 20,000 Officers and 19,000 clerks. In 2012, around seven lakh candidates attempted Common Written Exam (CWE) conducted by IBPS out of which 61,339 candidates were qualified for the Common Interviews. PSBs is booming in the job market mainly because of the expansion of business in the banking industry as they constantly launching new branches across the country.

According to IBA, it is estimated that around 30,000 vacancies would be coming forth in the next year across the banking industry.

 

What does it take to be a banker?

  • One must possess good interpersonal skills in order to deal with the customers
  • One must be a good team player
  • One must have the ability to learn fast in order to interpret the new banking products
  • One must have the flexibility for relocation
  • Creativity, right decision-making skills, and thorough knowledge of different business
  • One must update oneself with the RBI’s latest rules & regulations along with various banking transactions, bank and the economy in general

The opportunity is as tempting as it seems. If it manages to tempt you, then gear up and be updated with the latest details on IBPS’s official website. Click here for the official website!
 


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